Common use of Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances Clause in Contracts

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 11 contracts

Samples: Credit Agreement (Gables Residential Trust), Credit Agreement (Gables Realty Limited Partnership), Credit Agreement (Trion Inc)

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Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed of the payment Obligations shall have been paid in full and all of the Commitments under the Credit Agreement shall have terminated or expiredterminated. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower made under the Credit this Agreement or any other Loan Document is rescinded or must otherwise be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower a Loan Party or any other Person or otherwise, then the Guarantors' obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such timetime and each Guarantor hereby expressly waives the benefit of any statute of limitations or prescriptive term affecting the Guarantor’s liability in respect thereof.

Appears in 5 contracts

Samples: Credit Agreement (Arcos Dorados Holdings Inc.), Credit Agreement (Arcos Dorados Holdings Inc.), Credit Agreement (Arcos Dorados Holdings Inc.)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Each Subsidiary Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed the Revolving Credit Loan/Term Loan Obligations shall have been paid in full and the Revolving Credit Loan Commitments under the Credit Agreement shall have terminated or expiredbeen terminated. If at any time any the payment of the principal of or interest on any Note or any other amount payable by the Borrower Borrower, in respect of the Revolving Credit Loan Facility and the Term Loans under the Credit Agreement or any other Loan Financing Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' applicable Subsidiary Guarantor’s obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 5 contracts

Samples: Collateral Trust Agreement (Aes Corp), Assignment and Assumption Agreement (Aes Corporation), Credit and Reimbursement Agreement (Aes Corp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Each of the Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed the Discharge of Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expiredhas occurred. If at any time any payment of the principal of or interest on any Note Loan or any other amount payable by the any Borrower or any other party under the Credit Agreement this Agreement, any Lender Swap Agreement, any document evidencing Bank Product Obligations, or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the any Borrower or otherwise, each of the Guarantors' Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 5 contracts

Samples: Credit Agreement (Unit Corp), Credit Agreement (Unit Corp), Credit Agreement (Unit Corp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Except as otherwise provided in Section 9.14 of the Credit Agreement, each of the Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of any portion of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document Obligations is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' each Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 4 contracts

Samples: Credit Agreement (Federal Express Corp), Credit Agreement (Fedex Corp), Credit Agreement (Fedex Corp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations hereunder shall remain in full force and effect until the principal of and interest on the Notes and all Guaranteed Obligations other amounts payable by the Borrower under this Agreement shall have been paid in full and shall survive the Commitments under the Credit Agreement shall have terminated or expiredTermination Date. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit this Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 3 contracts

Samples: Credit Agreement (May Department Stores Co), Day Credit Agreement (May Department Stores Co), Day Credit Agreement (May Department Stores Co)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Each Guarantor's obligations hereunder shall remain in full force and effect until the Commitments shall have terminated and the principal of and interest on the Notes and all Guaranteed Obligations other amounts payable by the Borrower under the Financing Documents shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expiredfull. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document Financing Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' each Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 3 contracts

Samples: Credit Agreement (Ace LTD), Credit Agreement (Ace LTD), Credit Agreement (Ace LTD)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Amended and Restated Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower under the Amended and Restated Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 3 contracts

Samples: Credit Agreement (Post Apartment Homes Lp), Credit Agreement (Post Apartment Homes Lp), Credit Agreement (Post Apartment Homes Lp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Each of the Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been indefeasibly paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower Principal or any other party under the Credit Agreement Agreement, any Note or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Principal or otherwise, each of the Guarantors' Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Credit Agreement (Lennar Corp /New/), Credit Agreement (Lennar Corp /New/)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Each Guarantor's obligations hereunder shall remain in full force and effect until the Total Commitment and all Guaranteed Derivatives Agreements have been terminated, no Note or Letter of Credit remains outstanding and all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expiredfull. If at any time any payment amount paid in respect of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document Guaranteed Obligations is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower any Obligor or otherwise, the Guarantors' each Guarantor's obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Credit Agreement (Tekni Plex Inc), Credit Agreement (Tekni Plex Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' obligations of the Guarantors hereunder shall remain in full force and effect until all Guaranteed Obligations of the payment obligations of the Borrowers under the Credit Documents shall have been paid or otherwise performed in full and all of the Commitments under the Credit Agreement shall have terminated or expiredterminated. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower made under the Credit this Agreement or any other Loan Credit Document is rescinded or must otherwise be otherwise restored or returned upon the insolvency, bankruptcy bankruptcy, reorganization, recuperação judicial ou extrajudicial, falência or reorganization similar event of the Borrower Borrowers or any other Person or otherwise, then the Guarantors' obligations of the Guarantors hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Security Agreement (Gerdau Ameristeel Corp), Security Agreement (Gerdau Ameristeel Corp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Each of the Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full in cash and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Note the Loan or any other amount payable by the Borrower or any other party under the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, each of the Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Guaranty (Sara Lee Corp), Guaranty (D.E Master Blenders 1753 B.V.)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations hereunder constitute a guarantee of payment and not of collection merely and shall remain in full force and effect until all the Guaranteed Obligations shall have been paid in full in accordance with the terms hereof and of the Commitments under the Credit Agreement shall have terminated or expiredAgreement. If at any time any payment of any of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document Guaranteed Obligations is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Counterparty or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had not been due but not made at such timemade.

Appears in 2 contracts

Samples: Master Agreement (Harrahs Entertainment Inc), Guaranty (JER Investors Trust Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations hereunder shall remain in full force and effect until all Guaranteed Obligations the Commitments shall have been paid in full terminated and the Commitments principal of and interest on the Notes and all other amounts under the Credit Agreement shall have terminated or expiredbeen indefeasibly paid in full. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Credit Agreement (Us West Inc), Credit Agreement (Us West Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower Borrowers under the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Borrowers or otherwise, the Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Credit Agreement (Gables Realty Limited Partnership), Credit Agreement (Gables Residential Trust)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' obligations of the Guarantor hereunder shall remain in full force and effect until the payment in full of all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expiredObligations. If at any time any payment of the principal of under or interest on any Note the Credit Agreement or relevant Facility Document or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document party on account of the Guaranteed Obligations is rescinded voided or must be otherwise restored or returned upon for whatever reason, including, without limitation in the event of the insolvency, bankruptcy or reorganization of the Borrower or otherwiseBorrower, the Guarantors' obligations of the Guarantor hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Guaranty (Edison Schools Inc), Guaranty (Edison Schools Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' obligations of each Guarantor hereunder shall remain in full force and effect until all Guaranteed Obligations of the payment and performance obligations of the Borrower under the Loan Documents shall have been paid or otherwise performed in full and all of the Commitments under the Credit Agreement shall have terminated or expiredterminated. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower made under the Credit this Agreement or any other Loan Document is rescinded or must otherwise be otherwise restored or returned upon the insolvency, bankruptcy bankruptcy, reorganization, recuperação judicial, recuperação extrajudicial, falência or reorganization similar event of the Borrower or any other Person or otherwise, then the Guarantors' obligations of each Guarantor hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Export Prepayment Facility Agreement and Secured Loan (Votorantim Pulp & Paper Inc), Share Pledge Agreement (Fibria Celulose S.A.)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Except as otherwise provided in Section 9.14 of the Credit Agreement, each of the Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of any portion of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document Obligations is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' each Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 2 contracts

Samples: Day Credit Agreement (Fedex Corp), Fedex Corp

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Each Guarantor’s obligations hereunder shall remain in full force and effect until the Commitments shall have terminated, the principal of and interest on the Loans and all Guaranteed Obligations other amounts payable by the Borrowers under this Agreement shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expiredfull. If at any time any payment of the principal of or interest on any Note Loan, or any other amount payable by the any Borrower under the Credit this Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the such Borrower or otherwise, the Guarantors' each Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Estee Lauder Companies Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Airborne Freight Corp /De/)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Each Guarantor's obligations hereunder shall remain in full force and effect until the Commitments shall have terminated and the principal of and interest on the Notes and all Guaranteed Obligations other amounts payable by the Obligors under the Loan Documents shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expiredfull. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower Obligors under the Credit Agreement or any other Loan Document Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower any Obligor or otherwise, the Guarantors' each Guarantor's obligations hereunder with 765748.1 10/9/98 7:17p 62 respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Agreement (Marvel Enterprises Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations hereunder shall remain in full force and effect until the Commitments shall have terminated and the principal of and interest on the Notes and all Guaranteed Obligations other amounts payable by the Borrower under this Agreement shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expiredfull. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit this Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Agreement (Estee Lauder Companies Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Parent Guarantors' obligations hereunder shall remain in full force and effect until the Commitments shall have terminated and the principal of and interest on the Notes and all Guaranteed Obligations other amounts payable by the Borrower under this Agreement shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expiredfull. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit this Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Parent Guarantors' obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Term Credit Agreement (Motient Corp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Term Note or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (JDN Realty Corp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Each of the Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full in cash and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Note Loan, or any other amount payable by the Borrower or any other party under the Credit Agreement Agreement, or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, each of the Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time. The parties hereto acknowledge and agree that each of the Guaranteed Obligations shall be due and payable in Dollars.

Appears in 1 contract

Samples: Credit Agreement (Ugi Corp /Pa/)

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Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments Commitment under the Credit Lease Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower Lessee under the Credit Agreement or any other Loan Operative Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Lessee or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Lease Agreement (Krispy Kreme Doughnuts Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Except as otherwise provided in Section 10.14 of the Credit Agreement, each of the Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of any portion of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document Obligations is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' each Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Federal Express Corp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the 157 Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Guilford Mills Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations hereunder shall remain in full force and effect until the principal of and interest on the Notes and all Guaranteed Obligations other amounts payable by the Borrower under this Agreement shall have been paid in full and shall survive the Commitments under the Credit Agreement shall have terminated or expiredTermination Date. If at any time 50 any payment of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit this Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Five Year Credit Agreement (May Department Stores Co)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower Borrowers under the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Borrowers or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Sed International Holdings Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Investment Agreement shall have terminated or expired. If at any time any payment of the principal of Rent or interest on any Note Yield or any other amount payable by the Borrower Company under the Credit Agreement Investment Agreement, the Agency Agreement, or any other Loan Operative Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Company or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Investment and Participation Agreement (Protective Life Corp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Term Loan Note or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Gables Residential Trust)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments Commitment under the Credit Lease Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Note Basic Rent, Supplemental Rent, or any other amount payable by the Borrower Lessee under the Credit Agreement or any other Loan Operative Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Lessee or otherwise, the Guarantors' obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Lease Agreement (Krispy Kreme Doughnuts Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Parent’s obligations as guarantor hereunder shall remain in full force and effect until the Commitments shall have terminated and the principal of and interest on the Loans and all Guaranteed Obligations other amounts payable by the Borrowers under this Agreement shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expiredfull. If at any time any payment of the principal of or interest on any Note Loan or any other amount payable by the any Borrower under the Credit this Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the such Borrower or otherwise, the Guarantors' Parent’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Pentair Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Amended and Restated Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower under the Amended and Restated Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Post Apartment Homes Lp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' obligations of the Guarantors hereunder shall remain in full force and effect until all Guaranteed Obligations of the payment obligations of the Borrower under the Credit Documents shall have been paid or otherwise performed in full and all of the Commitments under the Credit Agreement shall have terminated or expiredterminated. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower made under the Credit this Agreement or any other Loan Credit Document is rescinded or must otherwise be otherwise restored or returned upon the insolvency, bankruptcy bankruptcy, reorganization, recuperação judicial ou extrajudicial, falência or reorganization similar event of the Borrower or any other Person or otherwise, then the Guarantors' obligations of the Guarantors hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Gerdau Ameristeel Corp)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations as guarantor hereunder shall remain in full force and effect until the Commitments shall have terminated and all Guaranteed Obligations (except as to principal and interest with respect to the Facility B Loans) shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expiredin money. If at any time any payment of the principal of or principal, interest on any Note or any other amount payable by the Borrower Company under the Credit this Agreement or any other Loan Document Note is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Company or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (Phoenix Companies Inc/De)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations hereunder shall remain in full force and effect until the Commitments are terminated and the principal of and interest on the Notes and all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expiredfull. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit Agreement or any other Loan Document Guaranteed Obligation is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been become due but had not been made at such time.

Appears in 1 contract

Samples: Credit Agreement (Galileo International Inc)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expired. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower Principal under the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower Principal or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

Appears in 1 contract

Samples: Credit Agreement (McWhorter Technologies Inc /De/)

Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances. The Guarantors' Guarantor's obligations hereunder shall remain in full force and effect until the Commitments shall have terminated and the principal of and interest on the Notes and all Guaranteed Obligations other amounts payable by the Borrower under this Agreement shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or expiredfull. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrower under the Credit this Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Borrower or otherwise, the Guarantors' Guarantor's obligations hereunder with respect to such payment shall be reinstated at such time as though such payment had been due but not made at such time. SECTION 9.04.

Appears in 1 contract

Samples: 000 Credit Agreement (Blount International Inc)

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